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California Senate Approves Bill to Expand Down Payment Program to Illegal Immigrants

California Senate Approves Bill to Expand Down Payment Program to Illegal Immigrants

by Phil Hall | Aug 29, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The California State Senate voted 23-11 to approve a bill that opens a state program for down payment assistance to illegal immigrants. However, it is unclear whether Gov. Gavin Newsom will sign or veto the bill. AB 1840 would require the California Dream for All...
Police Dispute Claims That Venezuelan Crime Gang Took Over Denver-Area Apartment Complexes

Police Dispute Claims That Venezuelan Crime Gang Took Over Denver-Area Apartment Complexes

by Phil Hall | Aug 29, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

The Denver Police Department has disputed reports that several local apartment complexes have been taken over by the Venezuelan gang Tren de Aragua after a video surfaced of gang members roaming through a building while openly carrying guns. In a statement shared on...
California Poised to Open Mortgage Assistance Program to Illegal Immigrants

California Poised to Open Mortgage Assistance Program to Illegal Immigrants

by Phil Hall | Aug 26, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California is poised to make history for offering state-financed mortgage assistance to illegal immigrants. According to combined media reports, the proposed legislation AB 1840 would require the California Dream for All Shared Appreciation Loans program to overlook...
Marriott Sues NYC Franchisee for Turning Hotel into Illegal Immigrant Shelter

Marriott Sues NYC Franchisee for Turning Hotel into Illegal Immigrant Shelter

by Phil Hall | Aug 12, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Marriott International Inc. (NASDAQ:MAR) has filed a $2.6 million lawsuit against one of its New York City-based franchisees for allegedly breaching its contract by turning the hotel into a shelter for illegal immigrants. According to a Gothamist report, the 18-story,...
Sen. JD Vance: ’20 Million Illegal Aliens’ Preventing Affordable Homeownership

Sen. JD Vance: ’20 Million Illegal Aliens’ Preventing Affordable Homeownership

by Phil Hall | Jun 17, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

U.S. Sen. J.D. Vance is arguing that “20 million illegal aliens” are preventing Americans from being able to access affordable homeownership. The Ohio Republican’s comments came on X (formerly Twitter) as a response to remarks by financial writer James Surowiecki, who...
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